https://www.avient.com/products/polymer-additives/electrical-performance-additives/cesa-conductive-additives
Cesa Conductive formulations and masterbatches improve electrical conductivity in plastic packaging to prevent static discharge that can damage sensitive electronic components.
Polymer-based solutions to combat brand and product counterfeiting.
Stat-Tech™ Electrically Conductive Formulations
https://www.avient.com/sites/default/files/resources/Innovation_Day_-_May_2014_0.pdf
The non-GAAP financial measures
include: adjusted EPS, earnings before interest, tax, depreciation and amortization
(EBITDA), adjusted EBITDA, net debt, Specialty platform operating income, Specialty
platform gross margin percentage, adjusted operating income, return on invested
capital, net debt/ EBITDA, and the exclusion of corporate charges in certain
calculations.
Nikrant Senior Vice President,
President of Global
Specialty Engineered
Materials
Dr.
Patterson
President and Chief Executive Officer
PolyOne Corporation Page 36
PolyOne Core Values
Innovation
Collaboration
Excellence
PolyOne Corporation Page 37
Innovation Drives Earnings Growth
$20
$53
2006 2013
Research & Development
Spending
($ millions)
Specialty Platform
Vitality Index
Progression*
*Percentage of Specialty Platform revenue from products introduced in last five years
14.3%
30.7%
2006 2013
Specialty Platform
Gross Margin %
19.5%
43.0%
2006 2013
PolyOne Corporation Page 38
Formula for Success
Innovation
Market
Beating
Performance
Excellence in Execution
PolyOne Corporation Page 39
Track Record of Successful Integrations and
Rapid Operating Income Growth
$12
$44
2007 2013
$22
$30
2012 2013
$24
$49
2012 2013
GLS ColorMatrix Spartech
OI in $ millions
PolyOne Corporation Page 40
2015 and Beyond
Innovation will drive the next
stage in our remarkable
transformation
Deliver on 2015
goals
Expand Specialty
offerings and
possibilities
Identified as a truly
global, specialty
chemical company
Market Potential Exceeds
$40 Billion
PolyOne Corporation Page 41
Driving Toward Premier Profitability
EBIT Margins for top tier
companies
Victrex 42%
Sigma Aldrich
18% FMC
25%
IFF 18%
Eastman 17%
Hexcel 16%
16%
Rockwood
Holdings
Celanese 14%
7% EBIT Margin – 2013
Albemarle 24%
Ecolab 13%
PolyOne Corporation Page 42
Bright Future & High Aspirations – The Next Seven Years
• % OP Income from Specialty - 5%
• Market Cap - $500 Million
• Revenue - $2.6 Billion
• Commodity Peers
• Specialty ROS - 1.5%
• % OP Income from Specialty - 62%
• Market Cap - $3.5 Billion
• Revenue - $3.7 Billion
• Specialty ROS - 9.4%
• % OP Income from Specialty - 80 to 90%
• Market Cap - $12 to $18 Billion
• Revenue - $8 to $10 Billion
• Specialty Peers
• Specialty ROS - ≥ 20%
2000 – 2006
2007 – 2013
2014 – 2020
PolyOne Corporation Page 43
The New PolyOne: A Specialty Growth Company
Why Invest In PolyOne?
https://www.avient.com/sites/default/files/resources/Investor%2520Day%2520-%2520May%25202012%2520-%2520Global%2520Engineered%2520Materials.pdf
Microsoft PowerPoint - Investor Day 2012_05072012.pptx
Global Specialty Engineered Materials
Craig M.
Nikrant
Page 67
United
States
36%
Europe
36%
Canada
2%
Asia
20%
Latin
America
2011 Revenue: $0.6 Billion2011 Revenue: $0.6 Billion SolutionsSolutions
At a Glance
Global Specialty Engineered Materials
Appliance
6% Building &
Construction
3%
Wire & Cable
14%
Electrical &
Electronics
14%Consumer
21%
Packaging
5%
Industrial
8%
Misc.
3%
HealthCare
5%
Transportation
21%
America
6%
2011 Revenue by Industry Segment2011 Revenue by Industry Segment
1.1%
1.3%
3.4%
5.1%
9.6%
8.0%
12-16%
2006 2007 2008 2009 2010 2011 2015
Operating Income % of Sales
Target
Expanding ProfitsExpanding Profits
Page 68
Value Proposition
• GSEM is a global leader providing complete specialty solutions encompassing
innovative technologies and services to enable customer success
Transformation Highlights
• Dramatic turnaround of the Engineered Materials business through mix
improvement and specialty focus
Value Proposition and Transformation Highlights
Global Specialty Engineered Materials
improvement and specialty focus
• GLS acquisition successfully integrated, having more than
doubled earnings in 3 years
• PolyOne culture and strategy now engrained worldwide
• Expansion into healthcare with dedicated resources
> $15B Addressable Market
Page 69
• Polymer design, formulation and service expertise
• Broad, global technology base and regional centers
of excellence
• Ten innovation centers around the world
Key Differentiators
Global Specialty Engineered Materials
• Ten innovation centers around the world
• Specialty brand leadership with
PolyOne, GLS, NEU and ECCOH
• Ability to leverage global key
account team
Page 70
From Volume
Commodity-driven product portfolio
To Value
Specialty technology and solutions
EM North America Transformation
Volume Sales Gross Margin $
Mix Transformation – Executing the Strategy
Global Specialty Engineered Materials
2006 2011 2006 2011 2006 2011
Page 71
$12
$29
Operating Income
($ in millions)
• Provided access to new customers
in specialized, high-growth markets
such as healthcare and consumer
• Strategic partner to many of the
world’s best-known companies
GLS Integration Success
16.9%
8.2%
2007 2011
2007 2011
Working Capital % of Sales
• Complementary global footprint
provided additional cross-selling
opportunities
• Opportunity to expand margins
and drive working capital
improvement while remaining
customer-focused
Page 72
$1.3
$27.6
2006 2011
Healthcare Revenue
• Investment in dedicated
healthcare team to drive
penetration and growth
• Leverage product portfolio
globally & win specialty business
Areas of Focus
Global Specialty Engineered Materials
$10.5
$117.9
2006 2011
Consumer Revenue
2006 2011globally & win specialty business
in targeted markets
• Aggressively commercialize
specialty innovation platforms
• Utilize our innovation centers to
influence OEM design
(Revenue in $ millions)
Page 73
• Carbon Nanotube Formulations
� Applications: Semiconductor equipment, hard drives
� Customer benefits: Scrap cost reduction and
clean conductivity
• Thermally Conductive Solutions
Applications: Sockets and bulb holders for LED lighting
Key Innovations
Global Specialty Engineered Materials
� Applications: Sockets and bulb holders for LED lighting
� Customer benefits: Cost reduction, energy saving, and
design flexibility
• FDA-Regulated TPEs
� Applications: Food packaging seals, intravenous delivery
systems, medical stoppers, prefilled syringes
� Customer benefits: Clean and safe elastomers for highly
regulated applications
Page 74
Critical Imperatives and 2015 Goal
Global Specialty Engineered Materials
Critical Imperatives
• Commercialize critical new technology platforms
• Manage the mix as we continue to drive
the transformation
• Global translation of commercial successes
2015 Goal
• 12 - 16% return on sales
Page 75
Page 76
https://www.avient.com/sites/default/files/2020-07/case-study-one-pager-nymax-pir-archery-cam-module.pdf
LEADING
ARCHERY OEM
C A M M O D U L E
• Ability to pass fatigue testing of 100,000 cycles
• Maintain low vibration performance
• Replace metal to reduce weight
• Meet short lead time and budget constraints
• Provided design guidance and mold flow
analysis, saving the customer $800 -
$1,500 compared to outsourcing the
analysis
• Streamlined the development process
using an existing, specialty product to
meet key performance needs as well as
budget and timeline constraints, enabling
the customer to launch in time for a
leading industry tradeshow
Nymax™ PIR Nylon Formulation
KEY REQUIREMENTS
WHY AVIENT?
https://www.polyone.com/products/engineered-polymer-formulations/general-engineered-formulations/nymax-bergamid-polymer
Leading Archery OEM
https://www.avient.com/company/sustainability/sustainability-report/products/markets/outdoor-high-performance-case-study
reSound™ Ultra-Low Carbon Footprint TPEs are formulated to achieve a negative, neutral or low carbon footprint versus traditional TPEs.
reSound™ Biopolymer Formulations combine engineering thermoplastic resins with bio-polymers such as PLA, PHB, PHBV and biopolyesters.
These formulations help our customers make sustainable sporting equipment and protective gear.
https://www.avient.com/sites/default/files/2023-12/CAI W_C - Product Selection Guide EMEA_0.pdf
Improves flexibility: freedom to select the main polymer.
Avient, as a global polymer solutions provider,
offers a wide range of polymer-specific specialty
colorant and additives systems for the wire and
cable industry.
In addition, we can provide other
specialty formulations for cable applications
such as:
• Colorant Chromatics™ Fluoropolymers And
High Temperature Colorants
• ECCOH™ Low Smoke and Fume Non-Halogen
Formulations for cable insulation and jackets
• Syncure™ XLPE Cross-linkable Polyethylene
Formulations for power cable insulation
• Maxxam™ FR Formulations for wire and cable
With our long history of providing high-quality
products and total polymer solutions to the wire
and cable industry, we are uniquely positioned
as a single source provider of customized
solutions for polymer processors serving
virtually any market.
https://www.avient.com/news/new-artisan-abs-thermoplastic-solution-avient-features-metallic-effect-electronics-brands
Replacing painted metal parts with an Artisan ABS formulation also enhances scratch performance.
There is an ongoing market need for electronic applications to achieve superior aesthetics and performance, lower system cost, and greater sustainability,” said Matt Mitchell, director, global marketing for Specialty Engineered Materials at Avient.
Artisan ABS formulations are currently manufactured in Asia in customizable, metallic colors, and are available for purchase globally.
https://www.avient.com/sites/default/files/2024-03/Edgetek PKE High Impact Formulations Technical Bulletin.pdf
Edgetek™ PKE High Impact Formulations
The Edgetek™ PKE High Impact (HI) series consists
of specialty engineered, impact modified
polyketone (PK) thermoplastics.
These formulations
provide superior chemical resistance, low moisture
uptake, and outstanding high impact and wear
resistance.
These formulations are also available
with or without UV performance.
https://www.avient.com/resource-center?document_type=59&document_subtype=0&industry=0&product_family=0&product_name=0&op=FILTER RESULTS&form_id=resource_filter_form&page=27
Learn how Mevopur™ Healthcare Functional Additives help protect and enhance the performance of polymers used in healthcare applications
Edgetek™ Glass-Filled PKE Formulations
LubriOne™ PKE Formulations
https://www.avient.com/resource-center?document_type=59&page=27
Learn how Mevopur™ Healthcare Functional Additives help protect and enhance the performance of polymers used in healthcare applications
Edgetek™ Glass-Filled PKE Formulations
LubriOne™ PKE Formulations